Bexar Texas Standstill and Deposition Agreement by Efficient Networks, Inc. and Cabletron Systems, Inc.

State:
Multi-State
County:
Bexar
Control #:
US-EG-9405
Format:
Word; 
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Description

Standstill and Deposition Agreement by Efficient Networks, Inc. and Cabletron Systems, Inc. regarding ownership of voting securities dated December 17, 1999. 19 pages.

The Bexar Texas Standstill and Deposition Agreement by Efficient Networks, Inc. and Cable tron Systems, Inc. is a legally binding document that outlines specific terms and conditions agreed upon by both companies. This agreement serves to establish a temporary pause in certain actions or processes while also providing a framework for future depositions. Efficient Networks, Inc. and Cable tron Systems, Inc. are two renowned technology companies that have entered into this agreement to address various legal matters, ensuring a smooth and fair resolution. This agreement helps in safeguarding the interests of both parties and establishes a structured approach to handle any potential legal disputes. The agreement includes clauses for a standstill, which means that both companies agree to temporarily halt certain actions or proceedings. This could include suspending ongoing litigation, delaying the initiation of new legal actions, or postponing any other activities that may negatively impact either company during the specified timeframe. Additionally, the agreement covers provisions for depositions, which are court-ordered testimonies or statements given under oath during the pre-trial discovery phase. It outlines the procedures and requirements for conducting depositions, including the timeframe, location, and participants involved. By agreeing to this agreement, both companies commit to cooperating in the deposition process and providing truthful and accurate information. While the specific types of Bexar Texas Standstill and Deposition Agreements may vary depending on the circumstances and requirements of each case, the main purpose remains the same — to establish a temporary pause in actions and provide guidelines for conducting depositions. It is essential to consult legal professionals or refer to the specific agreement in question for detailed information on the variations and specifics of these agreements. In conclusion, the Bexar Texas Standstill and Deposition Agreement by Efficient Networks, Inc. and Cable tron Systems, Inc. is a legally binding document that outlines the terms and conditions for temporarily halting certain actions and conducting depositions. This agreement ensures fair and efficient resolution of legal matters between the two companies and provides a structured approach to address any potential disputes.

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FAQ

Aprisma held most of the original Cabletron network management technologies that were based on the SPECTRUM software suite (thus suggesting the name of the company). Aprisma was subsequently acquired by Concord Communications which in turn was acquired for $350M by Computer Associates, now renamed CA, Inc.

Cabletron, which had officially become a holding company for four separate networking companies last year, officially ceased operation and stopped trading on the New York Stock Exchange today (see Cabletron Spinoff Starts Trading).

More info

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Page 3 of issue 3 is devoted to the subject. “In addition to its general importance and novelty, there is also a peculiar interest to be attached to the situation of the Southern States and Territories when compared with their other regions. For in the southern States of the Union, the State's right to keep its own laws is limited, and as the general authority for all purposes is concentrated in Washington, it will prove a hard task to keep them in their proper bearings when, through a misunderstanding, or on some other pretext, the Federal President should direct their implementation at the States' expense. “A similar problem exists in the Northwest Territory. For the same reason there no reason to suppose that the Washington-Oregon line, which separates the territories from Oregon, the State of Oregon, and Alaska, will not also be one of the lines by which all the Northwest Territories will be connected with the other regions.

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Bexar Texas Standstill and Deposition Agreement by Efficient Networks, Inc. and Cabletron Systems, Inc.